Weak consumer demand has weighed on China's economic growth as the property market downturn persists and US tariffs squeeze exports ...
Doing business in China? Factor in deflation
Chinese companies are facing widespread deflation, which has left consumers uncertain about the future and hunting for value. The ongoing situation is described in China as "involution" or a ...
Pressure is getting to US firms in China as they feel weight of tensions, slowdown: survey
American companies doing business in China are more pessimistic about the next five years than ever before, in the face of rising geopolitical uncertainties, fierce competition and a chronic economic ...
Trump administration investing millions in U.S. rare earth companies in effort to break China’s grip
South of Austin, Noveon Magnetics runs the nation’s only factory currently making rare-earth magnets. Its CEO is hoping the administration’s help is coming his way.
Govt forms body to merge five sharia-based banks
The government on Tuesday, September 9, formed an eight-member working committee to implement the merger of five Sharia-based ...
South Korea scraps proposed Philippine loan; DoF denies existence of loan
The Department of Finance (DoF) on Wednesday categorically denied the existence of a P28-billion loan from South Korea to fund hundreds of bridges in the Philippines. The DoF issued the statement ...
Finance adviser inaugurates fellow adviser’s book on Bangladesh’s political economy
Finance Adviser Dr Salehuddin Ahmed on Sunday urged all concerned to extend cooperation and blessings so that the interim government can turn the country into a better place for the next generation.
US to continue sending financial aid to Philippines
A senior State Department official underscored that funding assistance from the United States government should be spent with the highest degree of integrity and accountability. At a media roundtable ...
Pakistan, China agree to form consortium to finance USD 7 bn railway project under CPEC
Pakistan and China have agreed to form a consortium of bilateral and multilateral partners to finance a USD 7 billion railway project, along with a four-year action plan (2025-29) for the second phase ...
Trump’s Order Reduces Auto Tariffs On Japan After $550 Billion Deal
U.S. tariffs on Japanese goods, including automobiles and auto parts, will be lowered by September 16, Japan’s tariff negotiator Ryosei Akazawa confirmed Tuesday, citing a Federal Register document ...